Report on India’s Blue Economy

NITI Aayog’s report outlines a roadmap for sustainable deep-sea and offshore fisheries, boosting exports, livelihoods, and India’s Blue Economy.
India’s Blue Economy

India’s Blue Economy – Strategy for Harnessing Deep-Sea and Offshore Fisheries

Syllabus: Economy & Ecology (UPSC GS III)
Source: PIB

Context:

NITI Aayog has released a report titled “India’s Blue Economy – Strategy for Harnessing Deep-Sea and Offshore Fisheries” that presents a scientific, sustainable, and inclusive roadmap to develop India’s underutilised deep-sea and offshore fisheries.


Current Status and Overview

  • Underdeveloped Sector: Despite an estimated 7.16 million tonnes (MT) potential within India’s Exclusive Economic Zone (EEZ), deep-sea fishing remains at an early stage.
  • Limited High-Seas Presence: India has only 4 Indian-flagged vessels operating in high seas, compared to Sri Lanka’s 1,883 and Iran’s 1,216, showing weak international engagement.
  • Regulatory Gaps: There is no specific law for fishing between 12–200 nautical miles, leading to unregulated (IUU) fishing.
  • Jurisdictional Constraints: State regulations extend only up to 12 nmi, leaving most of the EEZ under central oversight but with limited control.

Resource Potential

Fig 3.1: The resource potential in the deep-sea realm (200–500 m depth) of mainland Indian EEZ (including Wadge Bank and Gulf of Mannar)

RegionPotential (tonnes)
Southwest coast (7–15°N)58,249
Northwest coast (15–23°N)25,366
Northeast coast (15–23°N)8,174
Southeast coast (10–15°N)5,672
Total97,461

Source: Department of Animal Husbandry, Dairying, and Fisheries (DADF), 2018


Opportunities and Potential

  • Economic Growth: Deep-sea expansion can boost exports beyond ₹60,523 crore (FY 2023–24).
  • Livelihood Creation: Modern deep-sea vessels can earn up to ₹32 lakh annual profit, about 10× more than small motorised boats.
  • Coastal Relief: Shifting fishing efforts offshore will reduce pressure on coastal fish stocks.
  • Untapped Resources: Around 1.847 MT in lanternfish, squids, and deep-sea shrimp remains unexploited.
  • Strategic Edge: Strengthening India’s offshore presence enhances maritime food security and Indian Ocean influence.

Major Challenges

  • Policy Vacuum: Absence of a unified EEZ Fisheries Act causes fragmented regulation among maritime, environment, and defence agencies.
  • Infrastructure Gaps: Few of India’s 90 fishing harbours can handle large vessels; cold storage and processing units are limited.
  • High Operating Costs: Deep-sea fishing requires high investment in fuel, technology, and maintenance.
  • Data Deficiency: Lack of a central fish stock database leads to poor planning and risk of overfishing.
  • Environmental Risks: Deep-sea trawling and bycatch threaten fragile marine ecosystems.

Global Best Practices

  • China: Operates large distant-water fleets and “motherships,” though faces sustainability challenges.
  • Spain: Uses Vessel Monitoring Systems (VMS), eco-friendly gear, and traceability tools for responsible fishing.
  • New Zealand: Follows a Quota Management System (QMS) balancing economy and ecology.

NITI Aayog’s Key Recommendations

  • Policy Overhaul: Formulate a National EEZ Fisheries Act, aligned with UNCLOS, with subsidies linked to sustainability.
  • Institutional Strengthening: Establish a Deep-Sea Fisheries Authority, enhance data systems and research capacity.
  • Fleet Modernisation: Promote GPS-equipped, cold-storage vessels, and cooperative ownership models.
  • Sustainable Management: Enforce ecosystem-based catch limits and real-time vessel tracking.
  • Financing Support: Create a Deep-Sea Fishing Development Fund through PPPs, soft loans, and insurance.
  • Stakeholder Inclusion: Ensure community participation and training for traditional and small-scale fishers.

Conclusion

The report envisions a Blue Revolution 2.0—linking economic growth with ecological balance. A well-regulated, technology-driven deep-sea sector can enhance exports, secure livelihoods, and reinforce India’s maritime and blue economy leadership.

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